ONDO USDY Officially Launched on the Sei Network

BlockBeats News, January 28th, The flagship product USDY (United States Dollar Yield) of the RWA platform Ondo Finance will officially go live on the high-performance Layer 1 blockchain Sei Network on January 28th at 9:30 AM Eastern Time (10:00 AM Beijing Time on January 29th).

As the first tokenized U.S. Treasury bond product on Sei, USDY brings users a composable, interest-bearing, on-chain asset backed by U.S. Treasury bonds. USDY is one of the most widely adopted tokenized Treasury bond assets in the market, with a market capitalization exceeding $1.28 billion. This launch marks the official integration of institutionally validated high-quality assets into Sei's high-performance infrastructure.